Economy Minister Giancarlo Giorgetti
said Friday that Italy was on track to meet the targets set by
the European Commission for the end of the year for its National
Recovery and Resilience Plan (NRRP, or PNRR in Italian).
The post-COVID-19 NRRP seeks to make the Italian economy Greener
and more modern with a massive investment programme based on
almost 200 billion euros in EU grants and low-interest loans
conditional on Rome approving a series of reforms.
"We are working are to achieve the 55 NRRP objectives for the
second half of 2022 in order to be able to present Brussels with
the request for the third payment tranche in time," Giorgetti
said.
"We are already at a good point and we will certainly hit this
target".
European Economy Commissioner Paolo Gentiloni, meanwhile, said
that Premier Giorgia Meloni's government was "doing a good job"
on the NRRP, like the previous administration of ex-premier
Mario Draghi had.
He also said that Brussels was "ready to cooperate to solve
bottlenecks"after European Affairs Minister Raffaele Fitto said
Italy's NRRP spending for this year was set to be off target in
a big way, coming in at well under 22 billion euros, while the
initial objective had been 42 billion.
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